Billionaire tech entrepreneur Elon Musk hasn't forgotten. Dogecoin.
During a visit to Tesla's factory near Berlin today, the world's third-richest electric car giant was asked whether it would accept its wealth for vehicle payments.
In a video that went viral on Twitter, Musk said it's something the tech company wants to do.
“I think we'll have to enable that at some point,” Musk said. “Dogecoin to the Moon”
He told a crowd in Germany that he started leaking the cryptocurrency after some “regular people” at the Tesla and SpaceX factories told him to back the asset. “Dogecoin is the people's crypto, so I support it,” he added.
Tesla already accepts Dogecoin for merchandise, and You can use Bitcoin To buy a car from the company.
Dogecoin – DOGE – is the 10th largest digital asset by market value and was originally created as a joke by developers who wanted to make fun of Bitcoin. Its logo is a Shiba Inu dog meme that was once widely shared on the Internet.
But in 2020, Musk He started tweeting About the coin, and the price rocket. It now has a market cap of over $25 billion.
Dogecoin Developers They spoke Decrypt In the year They were working with the billionaire to improve the cryptocurrency and make it widely accepted for payments by 2021.
Dogecoin price It jumped on Musk's comments and was trading at $0.18 earlier today, CoinGecko data shows. It has since dropped to $0.17 but is still up 4% in the last 24 hours. In the last 30 days, it has increased more than 115 percent.
Tesla He invested 1.5 billion dollars in Bitcoin by 2021 It has been sold He said he had a large stake and would not accept payments.
Then Tesla began to accept the virtual coin again and the company is one of the largest corporate owners of the property, with 9,720 digital coins – more than 684 million dollars in today's values.
Microstrategy run by Michael Saylor holds over 200,000 bitcoins.
Edited by Ryan Ozawa.
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